BUDGET 2019 is expected to be a tough one –with potential new taxes, existing tax hikes and prudent spending given the government’s commitment to tackle the nation’s debt situation. It is also the perfect time…

KUALA LUMPUR: Budget 2019 will see a cut in development budget as the government cannot afford to reduce operational expenditures, said Prime Minister Tun Dr Maha­thir Mohamad. He said a lot of the government revenue…

PETALING JAYA: The much-speculated taxes on capital gains and inheritance will not be introduced in Budget 2019. Sources said both capital gains tax (CGT) and inheritance tax may only be introduced over the next few…

The 2019 Budget will be a difficult one for the federal government, said Finance Minister Lim Guan Eng. The Budget, he first under the Pakatan Harapan government, is scheduled for tabling in Parliament on November…

Significant budget cuts are anticipated on the expenditure side, which is due to be announced in November. RHB Research Institute said in its report the upside of this was that the reduced wastage and leakage…

Five years after leading his party to its narrowest victory yet, Malaysia’s Prime Minister Najib Razak says he’s expecting a ‘‘better result’’ in an election that will pit him against his one-time mentor. Najib, in…

The people of Bekenu waited for the good news and Datuk Seri Najib Tun Razak came a-calling with just that – RM55mil from the Federal Government for tourism and health infrastructure development. The Prime Minister…